Knights of Columbus Asset Advisors LLC Has $14.48 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)

Knights of Columbus Asset Advisors LLC boosted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM - Free Report) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,385 shares of the financial services provider's stock after buying an additional 1,784 shares during the period. JPMorgan Chase & Co. makes up about 1.0% of Knights of Columbus Asset Advisors LLC's holdings, making the stock its 19th biggest position. Knights of Columbus Asset Advisors LLC's holdings in JPMorgan Chase & Co. were worth $14,475,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Midwest Capital Advisors LLC acquired a new stake in shares of JPMorgan Chase & Co. during the 4th quarter valued at $43,000. Legacy Investment Solutions LLC acquired a new stake in JPMorgan Chase & Co. during the third quarter valued at $45,000. Collier Financial acquired a new stake in JPMorgan Chase & Co. during the fourth quarter valued at $45,000. Lowe Wealth Advisors LLC increased its position in JPMorgan Chase & Co. by 34.0% in the 4th quarter. Lowe Wealth Advisors LLC now owns 201 shares of the financial services provider's stock worth $48,000 after purchasing an additional 51 shares during the last quarter. Finally, Kieckhefer Group LLC purchased a new stake in shares of JPMorgan Chase & Co. during the 4th quarter worth about $50,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on JPM. UBS Group boosted their price target on JPMorgan Chase & Co. from $276.00 to $287.00 and gave the company a "buy" rating in a research note on Thursday, January 16th. Truist Financial boosted their target price on shares of JPMorgan Chase & Co. from $260.00 to $268.00 and gave the stock a "hold" rating in a research report on Thursday, January 16th. Keefe, Bruyette & Woods lifted their price objective on shares of JPMorgan Chase & Co. from $257.00 to $264.00 and gave the company a "market perform" rating in a research note on Thursday, January 16th. Baird R W raised shares of JPMorgan Chase & Co. from a "strong sell" rating to a "hold" rating in a research report on Friday, March 7th. Finally, Robert W. Baird upgraded JPMorgan Chase & Co. from an "underperform" rating to a "neutral" rating and raised their target price for the company from $215.00 to $220.00 in a report on Friday, March 7th. Ten research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $254.83.

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Insider Buying and Selling at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 1,250 shares of JPMorgan Chase & Co. stock in a transaction on Monday, March 24th. The shares were sold at an average price of $246.92, for a total transaction of $308,650.00. Following the sale, the insider now owns 49,127 shares in the company, valued at $12,130,438.84. The trade was a 2.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Troy L. Rohrbaugh sold 25,000 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $247.02, for a total transaction of $6,175,500.00. Following the completion of the transaction, the chief executive officer now owns 133,381 shares of the company's stock, valued at approximately $32,947,774.62. This represents a 15.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 76,848 shares of company stock valued at $19,987,908 in the last quarter. Corporate insiders own 0.79% of the company's stock.

JPMorgan Chase & Co. Stock Performance

JPM stock traded down $1.72 on Tuesday, reaching $243.58. 8,048,355 shares of the company were exchanged, compared to its average volume of 9,363,549. The firm has a market capitalization of $681.06 billion, a PE ratio of 12.34, a PEG ratio of 2.83 and a beta of 1.10. JPMorgan Chase & Co. has a 12 month low of $179.20 and a 12 month high of $280.25. The stock's fifty day moving average price is $256.88 and its 200 day moving average price is $241.33. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.88 and a quick ratio of 0.89.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $4.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.03 by $0.78. The company had revenue of $42.77 billion for the quarter, compared to the consensus estimate of $41.90 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The business's revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.04 EPS. On average, research analysts anticipate that JPMorgan Chase & Co. will post 18.1 EPS for the current fiscal year.

JPMorgan Chase & Co. Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 4th will be paid a dividend of $1.40 per share. This represents a $5.60 annualized dividend and a yield of 2.30%. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.25. The ex-dividend date of this dividend is Friday, April 4th. JPMorgan Chase & Co.'s payout ratio is currently 28.37%.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.